Apollo Future Mobility Group Limited — Capital/Financing Update 2017

Nov 14, 2017

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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O Luxe Holdings Limited 奧 立 仕 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (Stock code: 860)

CONVERTIBLE PROMISSORY NOTE

This announcement is made by O Luxe Holdings Limited on a voluntary basis.

Reference is made to the announcement of the Company dated 25 October 2017 in respect of the non-binding memorandum of understanding (‘‘MOU’’) in relation to a potential investment in an entity principally engaged in research, design, development and production of 3D printed vehicle structures (the ‘‘Issuer’’).

CONVERTIBLE PROMISSORY NOTE

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of O Luxe Holdings Limited (the ‘‘Company’’ and its subsidiaries, the ‘‘Group’’) is pleased to announce that, on 13 November 2017 (Pacific Time), the Company invested US$10 million via a convertible promissory note (the ‘‘Note’’) from the Issuer.

Pursuant to the MOU, in addition to the Note, the Company may make an additional investment in the Issuer at a time and on terms and conditions as the parties may agree (‘‘Potential Further Investment’’).

INFORMATION ON THE ISSUER

The Issuer is a private company principally engaged in the business of research, design, development and manufacture of three-dimensional (‘‘3D’’) printed structural components for automobiles using its proprietary technology enabled by laser-based 3D metal printing (‘‘3D Printing Technology’’).

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REASONS FOR AND BENEFITS OF INVESTMENT IN THE ISSUER

The Group believes that the Investment will create substantial synergies with its automotive engineering services business as the 3D Printing Technology will significantly reduce the capital investment, production and operational and compliance cost as well as development time for its new vehicle models.

The Board wishes to emphasize that no binding agreement in relation to the Potential Further Investment has been entered into as of the date of this announcement. The Potential Further Investment may or may not proceed. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company. The Company will make further announcements about the Potential Further Investment as and when appropriate in accordance with the Listing Rules.

By order of the Board O Luxe Holdings Limited Zhang Jinbing Chairman

Hong Kong 14 November 2017

As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Zhang Jinbing (Chairman), Mr. Ho King Fung, Eric (Co-Chairman) and Mr. Wong Chi Ming, Jeffry; one non-executive Director, namely Mr. Xiao Gang; and three independent non-executive Directors, namely Mr. Tam Ping Kuen, Daniel, Dr. Li Yifei and Dr. Zhu Zhengfu.

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